MacKenzie Scott’s $16 billion charity donation draws Elon Musk’s criticism, reshaping philanthropy with innovative approach.

MacKenzie Scott, the former spouse of Jeff Bezos, has made headlines in India after donating a whopping $16 billion to charities through her Yield Giving initiative. The initiative places a strong emphasis on trust-based and unrestricted grants, aiming to make a lasting impact on various causes. However, her approach has faced criticism from tech billionaire Elon Musk, who questioned her focus on issues such as racial equity and LGBTQ justice. Despite the backlash, Scott’s innovative strategy involves making repeat donations to non-profits, ensuring sustained and significant changes in the philanthropic landscape. This move by Scott has reshaped the traditional norms of giving and has sparked conversations about the future of philanthropy in India and globally.

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